Triple 000 and Sub-penny Chart Plays

[trader53]

The Primary III Secular Bull Market - Will Resume

Expect a Multi-Year Bull Market, Once This Bear Market Ends !

The current Bull Market
is only Major wave 1 of Primary III,
as labeled.

Historically,
Primary Wave III's, (in long cycle waves),
are 15+ years in length.

Refer to 2011 Bear Market for Example

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After the expected
Major wave 2 Bear Market ends,
the Primary Wave III Secular Bull Market - Will Resume.


It seems every time the market has made a low
during this downtrend,
with positive hourly/daily divergences
and a weekly oversold RSI,
we expected the downtrend to have ended.

The market then rallied for a period of time,
only to roll over and make lower lows
soon thereafter.

Such was nearly the case again on Monday
at the recent SPX 2583 low.

The medium term
Intermediate wave A downtrend continues.

Long term not much has changed.

Five Intermediate waves up
from SPX 1810 to SPX 2941.

Int. iii subdivided into five Minor waves.

All corrections,
alternated with their corresponding wave degrees.

An EW normality
that has been nearly absent in recent years.

With Major wave 1 completed,
a Major wave 2 bear market
is probably underway.

After the expected
Major wave 2 Bear Market ends,
the Primary III Secular Bull Market will resume.

https://caldaro.wordpress.com/2018/12/15/weekend-update-682/
https://caldaro.wordpress.com/2018/12/08/weekend-update-681/
https://caldaro.wordpress.com/2018/11/24/weekend-update-679/
https://caldaro.wordpress.com/2018/11/17/weekend-update-678/
https://caldaro.wordpress.com/2018/11/10/weekend-update-677/

https://caldaro.wordpress.com/

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